| Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Nov 2015 | |||||
| Presented by Schacker Realty 631-293-3700 | |||||
| www.schackerrealty.com | |||||
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| Average Listing Price/Sq. Ft. | |||||
| Sq. Ft. | Nov 2014 | Oct 2015 | Nov 2015 | Annual Change | Monthly Change |
| 4k-10k | $138.85 | $150.48 | $153.07 | 10.2% | 1.7% |
| 11k-30k | $114.89 | $122.16 | $120.94 | 5.3% | -1.0% |
| 31k-70k | $92.38 | $99.49 | $98.95 | 7.1% | -0.5% |
| 71k-600k | $98.48 | $118.73 | $122.53 | 24.4% | 3.2% |
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| Average Listing Rent/Sq. Ft. (including RE Taxes) | |||||
| Sq. Ft. | Nov 2014 | Oct 2015 | Nov 2015 | Annual Change | Monthly Change |
| 4k-10k | $11.40 | $12.21 | $12.13 | 6.4% | -0.6% |
| 11k-30k | $10.72 | $11.46 | $11.71 | 9.2% | 2.2% |
| 31k-70k | $9.39 | $10.05 | $10.10 | 7.5% | 0.5% |
| 71k-600k | $9.48 | $9.89 | $10.26 | 8.2% | 3.8% |
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| Number of Listings for Sale | |||||
| Sq. Ft. | Nov 2014 | Oct 2015 | Nov 2015 | Annual Change | Monthly Change |
| 4k-10k | 189 | 183 | 170 | -10.1% | -7.1% |
| 11k-30k | 147 | 148 | 154 | 4.8% | 4.1% |
| 31k-70k | 70 | 57 | 55 | -21.4% | -3.5% |
| 71k-600k | 27 | 24 | 27 | 0.0% | 12.5% |
| Total | 433 | 412 | 406 | -6.2% | -1.5% |
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| Number of Listings for Lease or Sublease | |||||
| Sq. Ft. | Nov 2014 | Oct 2015 | Nov 2015 | Annual Change | Monthly Change |
| 4k-10k | 281 | 244 | 228 | -18.9% | -6.6% |
| 11k-30k | 209 | 172 | 180 | -13.9% | 4.7% |
| 31k-70k | 92 | 79 | 76 | -17.4% | -3.8% |
| 71k-600k | 25 | 24 | 25 | 0.0% | 4.2% |
| Total | 607 | 519 | 509 | -16.1% | -1.9% |
| Listings For Sale | Listings For Lease or Sublease | Total Available Industrial Space | Avg. Listing Sale Price | Avg. Listing Lease Price | Average Listing RE Taxes | |
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| Nassau Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| New Hyde Park | 17 | 6 | 296,365 Sq. Ft. | $169.28 | $13.33 | $5.01 |
| Garden City Park | 2 | 1 | 79,709 Sq. Ft. | $133.83 | $12.00 | $4.90 |
| Hempstead | 13 | 11 | 254,288 Sq. Ft. | $119.96 | $13.60 | $3.26 |
| Freeport | 14 | 9 | 301,630 Sq. Ft. | $92.25 | $10.61 | $4.29 |
| Westbury | 6 | 11 | 208,253 Sq. Ft. | $127.96 | $13.58 | $4.23 |
| Oceanside | 16 | 22 | 505,630 Sq. Ft. | $82.37 | $10.24 | $3.97 |
| Hicksville | 9 | 18 | 609,321 Sq. Ft. | $149.57 | $10.17 | $4.90 |
| Bethpage | 0 | 6 | 405,080 Sq. Ft. | – | $13.98 | $2.36 |
| Syosset | 2 | 15 | 513,838 Sq. Ft. | $110.32 | $11.61 | $3.57 |
| Plainview | 6 | 19 | 433,498 Sq. Ft. | $127.01 | $12.03 | $4.75 |
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| Suffolk Warehouse, Manufacturing, Lab, and Storage Spaces | ||||||
| Melville | 3 | 7 | 320,980 Sq. Ft. | $144.08 | $16.24 | $1.86 |
| Farmingdale | 37 | 37 | 1,241,265 Sq. Ft. | $113.75 | $10.89 | $3.17 |
| West Babylon | 16 | 15 | 264,542 Sq. Ft. | $115.51 | $8.72 | $3.18 |
| Deer Park | 17 | 20 | 515,137 Sq. Ft. | $98.40 | $8.94 | $2.83 |
| Hauppauge | 25 | 43 | 1,545,520 Sq. Ft. | $121.48 | $9.52 | $2.68 |
| Edgewood | 0 | 9 | 418,580 Sq. Ft. | – | $9.77 | $2.52 |
| Bay Shore | 15 | 19 | 1,651,899 Sq. Ft. | $100.60 | $9.72 | $2.84 |
| Islandia | 7 | 5 | 225,525 Sq. Ft. | $122.40 | $9.92 | $2.87 |
| Bohemia | 19 | 24 | 406,994 Sq. Ft. | $116.41 | $10.00 | $2.16 |
| Ronkonkoma | 9 | 25 | 410,274 Sq. Ft. | $106.15 | $9.34 | $2.23 |
| Holbrook | 8 | 13 | 300,110 Sq. Ft. | $87.42 | $9.36 | $1.93 |
| Calverton | 2 | 2 | 103,321 Sq. Ft. | $277.76 | $3.88 | – |
| Yaphank | 5 | 6 | 247,275 Sq. Ft. | $112.54 | $6.91 | $3.22 |
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| # About Schacker Realty | ||||||
| Schacker Real Estate Corp. is a Long Island commercial & industrial real estate firm specializing in Nassau County commercial properties, office space, industrial space, and warehouse space & Suffolk County commercial properties, office space, industrial space, and warehouse space.
Whether you’re looking to buy, purchase, sell, lease, or sublease industrial space, office space, warehouse space, or any other commercial real estate in North Hempstead, Hempstead, Islip, Huntington, Babylon, Oyster Bay, Smithtown, or Brookhaven, or Long Island, the brokers at Schacker Realty are the experts. Schacker Realty services Brooklyn and Queens as well. |
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| All information is subject to errors, omissions, modification, and withdrawal. Measurements may be estimates and information shown should not be relied without independent verification. Properties on this web site are not listed exclusively with Schacker Realty unless specifically labeled as an exclusive listing. | ||||||